A manufacturer of tow chains finds that the average breaking point is at 3,500 pounds and the standard deviation is 250 pounds. If you pull a weight of at least 4200 pounds with this tow chain, what percentage of the time would you expect the chain to break?
a. 2.8%
b. 0.26%
c. 49.74%
d. 99.74%
e. 50%
B
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In the sentence They discussed four important issues at the meeting, the word at is a(n) ____
A) adverb B) adjective C) conjunction D) preposition
A bond differs from a term loan in that:?
A. a bond issue is negotiated between a financial institution and an investor.? B. ?a bond is sold to a financial institution only. C. ?a bond is offered to the public at a variable coupon rate. D. ?a bond has a high issuance cost. E. ?a bond involves minimal formal documentation.
The four currencies that constitute about 80% of all foreign exchange trading are:
A) U.K pound, Chinese yuan, euro, and Japanese yen. B) U.S. dollar, euro, Chinese yuan, and U.K. pound. C) U.S. dollar, Japanese yen, euro, and U.K. pound. D) U.S. dollar, U.K. pound, yen, and Chinese yuan.
Given the following information for Miller, Inc.: ? ? Cost Retail Markdown cancellations $950 Markup cancellations 3,500 Employee discounts 1,020 Purchase returns $1,030 1,520 Purchases 35,400 46,787 Inventory, January 1 7,160 13,820 Purchase discounts taken 756 ? Freight-in 4,000 ? Markups 14,500 Markdowns 2,600 Sales ? 56,700 Required: a.Determine the inventory value using the retail inventory method and the FIFO cost flow assumption. Round off any decimals to two places.b.Determine the inventory value using the retail inventory method and the lower of average cost or market cost flow assumption.
What will be an ideal response?